Lease Agreement

We compile all documentation about your leases and other legal tenancy provisions.

It is our responsibility to ensure that legal requirements relating to the lease agreement are explained clearly to tenants and tenancy conditions are fulfilled.

An REIV (Real Estate Institute of Victoria) Lease agreement is drawn up with any agreed special conditions (that fall within the guidelines of The Residential Tenancies Act 1997). We recommend that properties be offered on a 12-month lease basis. If an existing tenant wishes to renew the lease (subject to your approval), we will prepare new lease documentation.

The Residential Tenancies Act does not allow us to insist that tenants enter into a new lease after the original lease expires. In this situation, the tenant continues on a monthly tenancy, and continues to be bound by the terms and conditions continued in the original lease.

We do encourage tenants and landlords to enter into a renewal of lease if both parties are happy to do so. This gives both tenants and landlords far great security.

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